Oil barge to be created in Ceyhan Turkish energy minister

The Turkish Minister for Energy and Natural Resources, Hilmi Guler, stated that an oil barge will be created at the Ceyhan port, where oil, natural gas and liquefied gas (LPG) from different countries will run. As a result there will appear a new oil index Ceyhan. the Minster announced that preparatory work in this direction have been set up. The pipelines to cross in Ceyhan are Kerkuk-Yumurtalik, Baku-Tbilisi-Ceyhan (BTC) and Samsun-Ceyhan. As a result the port will become a rare center of world economy, where all three types of energy resources will exist, Guler underlined.

Kazakhstans joining to the BTC pipeline considerably reduced the load of Bosphorus and Dardanelles. To date maximal tonnage of tankers running via the Turkish straights is 120,000 tons. At the same time the tankers with the capacity of 350,000 tankers can enter the Ceyhan port, the Minister underlined.

The same time the Turkish Energy Minister touched upon the delivery of blue fuel from Azerbaijan to Europe. Gas from Shah Deniz will be shortly exported to Greece and Italy.

The sea section of the gas pipeline running between Turkey and Greece will be ready shortly, Guler underlined.

Speaking about the Samsun-Ceyhan gas pipeline, the Turkish minister underlined that the talks with Russia in is direction will continue. There is demand for this pipeline, he said, adding that new reservoir will be built at the Ceyhan port in connection with the overload of the Ceyhan port.

One of the reasons causing rise in world oil prices is insufficiency of reservoirs. Therefore, we will build new oil reservoirs at the Ceyhan port, Guler underlined.